Home insurance in Tennessee costs about $257 monthly, or $3,085 annually on average. Tennessee homeowners pay $37 more per month, or $450 more annually, than the national average, making it the 12th most expensive state for home insurance.
Average Home Insurance Cost in Tennessee
Updated: November 5, 2025
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$220
High
$144
Average
$104
Low
Rates updated:
Dec 23, 2025
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Key Takeaways
Depending on your financial history, home details and other personal information, home insurance costs in Tennessee can range from $2,122 to $47,529.
Tennessee's home insurance premiums are the 12th most expensive in the country, at 17% over the national average.
To find the best home insurance in Tennessee, determine your coverage needs, research providers and costs, and gather multiple quotes.
How Much Is Home Insurance in Tennessee?
| Tennessee Average | $257 | $3,085 | 17% |
| National Average | $220 | $2,635 | 0% |
*These rates represent a home built in 2000 out of frame with $250K Dwelling, $125K Personal Property, and $200K Liability coverage with a $1,000 deductible.
Average Home Insurance Cost by City
Depending on your city, various risk factors, including your property’s age, weather-related factors and home valuations, change drastically, affecting home insurance costs. For example, the average monthly home insurance cost in Chattanooga is around $236; in Memphis, it’s much higher at $289.
| Chattanooga | $236 | $2,829 |
| Clarksville | $227 | $2,724 |
| Hendersonville | $214 | $2,570 |
| Knoxville | $191 | $2,288 |
| Memphis | $289 | $3,468 |
| Murfreesboro | $243 | $2,917 |
| Nashville-Davidson | $229 | $2,752 |
*These rates represent a home built in 2000 out of frame with $250K Dwelling, $125K Personal Property, and $200K Liability coverage with a $1,000 deductible.
Why Is Home Insurance so Expensive in Tennessee?
Home insurance is expensive in Tennessee mainly because of the increasing number of claims, the high risk of severe weather and natural disasters, rising material and labor costs and state insurance laws. Below, we explain each factor in detail:
Rising Claims
Higher claim frequencies signify more payouts for insurers, which often leads to increased home insurance premiums. Insurers must adjust rates to maintain profitability and cover the costs associated with a rise in claims.
High Weather Risks
Areas with frequent severe weather, such as hurricanes or wildfires, pose higher risks for damage. Insurers raise premiums to account for the increased likelihood of costly claims resulting from these weather events.
Rising Material and Labor Costs
When the costs of construction materials and labor rise, home repairs become more expensive. This increase is reflected in home insurance rates, as insurers need to cover the higher costs of rebuilding or repairing homes.
State Insurance Laws
State-specific insurance regulations can affect home insurance costs. Mandates on coverage requirements or imposed rate changes can lead insurers to adjust premiums to comply with the legal framework.
What Affects Tennessee Home Insurance Costs?
Like for most home insurance companies, regardless of state, pricing is mostly affected by these factors:
- Location
- Coverage chosen
- Home build details
- Provider chosen
- Credit
- Claims history
We break down how much each factor affects your Tennessee rates.
How Much Does Location Affect Home Insurance Costs?
Location affects home insurance rates in Tennessee more than any other factor, with costs varying up to 28.89% between cities. Weather risks, home values and population density drive these differences.
| Lowest | Knoxville | $214 | $2,563 |
| Highest | Memphis | $336 | $4,029 |
How Much Does Coverage Affect Home Insurance Costs?
Coverage choices rank second for Tennessee home insurance rates, with costs ranging from $1,495 to $9,812 annually. Higher coverage limits and lower deductibles increase your premiums. Lower limits and higher deductibles cut costs.
| Lowest | $100K Dwelling / $50K Personal Property / $100K Liability | 2000 | $125 | $1,495 |
| Highest | $1MM Dwelling / $500K Personal Property / $1MM Liability | 500 | $818 | $9,812 |
How Much Do Home Details Affect Home Insurance Costs?
Home details like age, construction materials and roof type rank third for Tennessee homeowners insurance rates, costing $109 to $274 monthly. Older homes and certain materials increase replacement costs and damage risk.
| Lowest | New | Superior | Composition | $109 | $1,304 |
| Highest | Old | Frame | Shake-Treated | $274 | $3,289 |
How Much Does the Provider You Choose Affect Home Insurance Costs?
Your insurer choice ranks fourth for Tennessee home insurance rates, with prices ranging from 34% below to 104% above the state average.
| Lowest | USAA | $162 | $1,942 |
| Highest | Travelers | $499 | $5,992 |
How Much Does Credit Affect Home Insurance Costs?
A higher credit score makes you appear more reliable, which can lower your home insurance costs. Premiums vary by up to 141%, with annual average rates ranging from $1,810 to $16,379.
| Lowest | Excellent | $151 | $1,810 |
| Highest | Poor | $1,365 | $16,379 |
How Much Does Claims History Affect Home Insurance Costs?
Filing more claims will increase your perceived risk for insurers, which can increase premiums, although in Tennessee, claims history has a smaller impact on cost than other factors. We found that depending on your claims history, rates can be affected by up to 11% or $707 annually.
| Lowest | Claim free for 5+ years | $245 | $2,942 |
| Highest | 2 claims in past 5 years | $304 | $3,649 |
Tips to Save on Tennessee Home Insurance
Tennessee home insurance costs run high, so saving on premiums matters whether you're buying a home or cutting expenses on your current property. These tips help you find the best and cheapest home insurance in Tennessee that fits your needs.
- 1Find How Much Coverage You Need Beforehand
Figure out how much home insurance you need before shopping. This frames your search and helps you avoid overselling by agents. Consider add-ons to protect valuable items you own. Learn more about determining how much home insurance you need and explore standard coverage options.
- 2Research Costs and Discounts Beforehand
Know the average costs for your home before shopping. Ask about home insurance discounts since some insurers only apply them if you request them. Check out average costs to get started.
- 3Compare Multiple Providers Through Different Avenues
Get quotes from several insurers to find coverage that fits your needs. Check online comparison tools, brokers, provider websites and agents since rates vary across channels.
- 4Consider Bundling Policies
Combining your home and auto insurance is an easy way to save money. Many companies offer 10% to 25% discounts when you bundle, helping you save hundreds of dollars each year. Learn more about how bundling home and auto insurance works in your area.
- 5Reduce Your Personal Risk Profile
Simple upgrades like adding storm shutters or installing a security system can help lower your premiums. A higher credit score also helps since moving from fair to good can reduce rates by about 28% on average.
- 6See if You Are Eligible for State Programs
If standard insurers won’t cover your home, look into state or local programs that provide basic protection. These plans usually meet mortgage requirements, but they may have lower coverage limits than regular policies.
Tennessee Home Insurance Calculator: Bottom Line
Home insurance costs vary, mainly due to location and coverage level. For affordable rates, research your needs and check average costs. Try our estimate tool for top deals.
Homeowners Calculator Insurance Tennessee: FAQ
The cost of homeowners' insurance in Tennessee depends on several factors. MoneyGeek helps you estimate your expenses by answering common questions about insurance in this state.
How much does homeowners insurance cost in Tennessee?
Tennessee's average monthly home insurance cost is $257 for a dwelling coverage of $250K. Your rate depends on factors like your credit score, liability and property coverage limits, and deductible.
How do I know how much dwelling coverage to get?
Homeowners can estimate their required dwelling coverage by calculating the cost to replace their home after damage, often with help from an appraiser. While this study uses a baseline coverage of $250K, you can use the MoneyGeek homeowners insurance calculator to find the best coverage limit for your needs.
What factors affect home insurance costs the most?
The biggest factors affecting home insurance costs are your location, chosen coverage level, and provider. Your credit score and home details also play a crucial role.
How We Determined Our Tennessee Home Insurance Estimates
When determining the average cost of home insurance in Tennessee, we used a base profile for a simple estimate consistent with the following:
- $250,000 dwelling coverage
- $125,000 personal property coverage
- $200,000 liability coverage
- Home Built Year: 2000
- Construction type: Frame
- Roof type: Composition
- $1,000 deductible
- No claims in the past 5+ years
- Fire protection level of 3
However, rates will vary widely depending on factors such as coverage level, provider chosen, the age of the home, other features of the home, insured credit and claims history, among other factors. All other combinations presented in this article assume the home was built in 2000.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.